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The data uploaded for bills of entry filed up to August 6, 2020 by SEZ (special economic zone) units “has been done on a trial basis to give a feel of the functionality and to get feedback from the taxpayers on the same,” a notification issued by the ministry of finance dated August 27 said.
“ICEA<\/a> welcomes linkage of customs portal for auto upload of import IGST for set-off against domestic GST, reform will cut compliance burden and boost ease of doing business,” industry body India Cellular and Electronic Association (ICEA) said in a statement on Thursday.
ICEA represents most global and Indian manufacturers including Xiaomi<\/a>, Vivo, Oppo, Apple<\/a>, contract manufacturer Foxconn<\/a>, Lava, Micromax and Karbonn.
Read also<\/h4><\/a><\/figure>Phone, electronics makers seek exemption from 'faceless assessment' for import\/export shipments<\/a><\/h5><\/div><\/a><\/figure>ICEA lauds UP govt's aid for handset makers<\/a><\/h5><\/div><\/div><\/div>
Indian Customs Electronic Gateway (ICEGATE), the national portal of Indian customs provides e-filing services to the traders, cargo carriers and other trading partners.
This means that the IGST (tax on inter-State transfer of goods) on imports will be auto-populated in GSTR-2A, which will in turn help the industry to process their GST refunds or take input tax credit automatically.
“This will save the industry huge data entry costs of manually filling up the IGST paid on imports,” ICEA said.
Sustaining this reform will also drive new investments including overseas investment, said Pankaj Mohindroo, chairman, ICEA.
The body, back in June had recommended the aforesaid provision to the ministry for ensuring ease of transactions for importers.
<\/body>","next_sibling":[{"msid":78040106,"title":"'Online video content consumption shifting to big screens from mobile devices'","entity_type":"ARTICLE","link":"\/news\/online-video-content-consumption-shifting-to-big-screens-from-mobile-devices\/78040106","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"70273609","title":"How is India serving as a global base of manufacturing for handset makers","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers","category_name":"Slide-Shows","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-69598\/70273609.cms?width=150&height=112","link":"\/slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers\/70273609"}],"msid":78040625,"entity_type":"ARTICLE","title":"Handset makers can save costs due to GST-customs portal integration","synopsis":"Mobile phone makers can save custom compliance costs on imports of devices and components as the government has linked two mammoth databases by integrating GST portal with the customs portal.","titleseo":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":571,"shares":0,"engagementtimems":2415000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2020-09-10 18:50:45","lastupd":"2020-09-10 18:50:45","breadcrumbTags":["Smartphones","Xiaomi","apple","Samsung","Foxconn","Devices","icea","gst","handset makers","mobile phone makers"],"secinfo":{"seolocation":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-09-10" data-index="article_1">
- Telecom乐动扑克News
- 1分钟读
手机制造商可以节约成本由于GST-customs门户集成
手机制造商可以保存自定义合规成本的进口设备和组件的政府联系两个庞大的数据库,将销售税门户与海关门户网站。
新德里消息:手机制造商可以保存自定义合规成本的进口吗设备和组件通过整合政府联系两个庞大的数据库销售税门户与海关门户网站。
条目的数据上传账单申请8月6日,2020年由经济特区(经济特区)单位”已经完成试行给的感觉功能和相同的从纳税人那里获得反馈,”财政部发布的通知日期为8月27日说。
”工商东亚欢迎联系海关进口汽车上传门户IGST断流对国内消费税改革将减少合规负担和提高缓解做生意的,“印度行业组织细胞和电子协会(ICEA)周四在一份声明中说。
工商东亚代表大多数全球和印度制造商包括小米相对应的人,体内苹果,合同制造商富士康、熔岩、Micromax Karbonn。
印度海关电子网关(ICEGATE),印度海关的国家门户交易商提供电子编档服务,货运航空公司和其他贸易伙伴。
这意味着IGST(州际货物转让税)进口将在GSTR-2A填写,这将反过来帮助工业过程销售税退款或需要自动输入税收抵免。
“这将拯救行业巨大的数据输入手动填充IGST成本支付进口,“ICEA说。
维持这一改革还将推动新投资包括海外投资,潘卡·莫辛德罗说:主席,工商东亚。
身体,早在6月向外交部建议上述条款,确保缓解进口商的交易。
<\/span><\/figcaption><\/figure>New Delhi: Mobile phone makers<\/a> can save custom compliance costs on imports of devices<\/a> and components as the government has linked two mammoth databases by integrating GST<\/a> portal with the customs portal.
The data uploaded for bills of entry filed up to August 6, 2020 by SEZ (special economic zone) units “has been done on a trial basis to give a feel of the functionality and to get feedback from the taxpayers on the same,” a notification issued by the ministry of finance dated August 27 said.
“ICEA<\/a> welcomes linkage of customs portal for auto upload of import IGST for set-off against domestic GST, reform will cut compliance burden and boost ease of doing business,” industry body India Cellular and Electronic Association (ICEA) said in a statement on Thursday.
ICEA represents most global and Indian manufacturers including Xiaomi<\/a>, Vivo, Oppo, Apple<\/a>, contract manufacturer Foxconn<\/a>, Lava, Micromax and Karbonn.
Read also<\/h4><\/a><\/figure>Phone, electronics makers seek exemption from 'faceless assessment' for import\/export shipments<\/a><\/h5><\/div><\/a><\/figure>ICEA lauds UP govt's aid for handset makers<\/a><\/h5><\/div><\/div><\/div>
Indian Customs Electronic Gateway (ICEGATE), the national portal of Indian customs provides e-filing services to the traders, cargo carriers and other trading partners.
This means that the IGST (tax on inter-State transfer of goods) on imports will be auto-populated in GSTR-2A, which will in turn help the industry to process their GST refunds or take input tax credit automatically.
“This will save the industry huge data entry costs of manually filling up the IGST paid on imports,” ICEA said.
Sustaining this reform will also drive new investments including overseas investment, said Pankaj Mohindroo, chairman, ICEA.
The body, back in June had recommended the aforesaid provision to the ministry for ensuring ease of transactions for importers.
<\/body>","next_sibling":[{"msid":78040106,"title":"'Online video content consumption shifting to big screens from mobile devices'","entity_type":"ARTICLE","link":"\/news\/online-video-content-consumption-shifting-to-big-screens-from-mobile-devices\/78040106","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"70273609","title":"How is India serving as a global base of manufacturing for handset makers","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers","category_name":"Slide-Shows","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-69598\/70273609.cms?width=150&height=112","link":"\/slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers\/70273609"}],"msid":78040625,"entity_type":"ARTICLE","title":"Handset makers can save costs due to GST-customs portal integration","synopsis":"Mobile phone makers can save custom compliance costs on imports of devices and components as the government has linked two mammoth databases by integrating GST portal with the customs portal.","titleseo":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":571,"shares":0,"engagementtimems":2415000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2020-09-10 18:50:45","lastupd":"2020-09-10 18:50:45","breadcrumbTags":["Smartphones","Xiaomi","apple","Samsung","Foxconn","Devices","icea","gst","handset makers","mobile phone makers"],"secinfo":{"seolocation":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration"}}" data-news_link="//www.iser-br.com/news/handset-makers-can-save-costs-due-to-gst-customs-portal-integration/78040625">
<\/a><\/figure>Phone, electronics makers seek exemption from 'faceless assessment' for import\/export shipments<\/a><\/h5><\/div><\/a><\/figure>ICEA lauds UP govt's aid for handset makers<\/a><\/h5><\/div><\/div><\/div>
Indian Customs Electronic Gateway (ICEGATE), the national portal of Indian customs provides e-filing services to the traders, cargo carriers and other trading partners.
This means that the IGST (tax on inter-State transfer of goods) on imports will be auto-populated in GSTR-2A, which will in turn help the industry to process their GST refunds or take input tax credit automatically.
“This will save the industry huge data entry costs of manually filling up the IGST paid on imports,” ICEA said.
Sustaining this reform will also drive new investments including overseas investment, said Pankaj Mohindroo, chairman, ICEA.
The body, back in June had recommended the aforesaid provision to the ministry for ensuring ease of transactions for importers.
<\/body>","next_sibling":[{"msid":78040106,"title":"'Online video content consumption shifting to big screens from mobile devices'","entity_type":"ARTICLE","link":"\/news\/online-video-content-consumption-shifting-to-big-screens-from-mobile-devices\/78040106","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"70273609","title":"How is India serving as a global base of manufacturing for handset makers","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers","category_name":"Slide-Shows","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-69598\/70273609.cms?width=150&height=112","link":"\/slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers\/70273609"}],"msid":78040625,"entity_type":"ARTICLE","title":"Handset makers can save costs due to GST-customs portal integration","synopsis":"Mobile phone makers can save custom compliance costs on imports of devices and components as the government has linked two mammoth databases by integrating GST portal with the customs portal.","titleseo":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":571,"shares":0,"engagementtimems":2415000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2020-09-10 18:50:45","lastupd":"2020-09-10 18:50:45","breadcrumbTags":["Smartphones","Xiaomi","apple","Samsung","Foxconn","Devices","icea","gst","handset makers","mobile phone makers"],"secinfo":{"seolocation":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-09-10" data-index="article_1">
- Telecom乐动扑克News
- 1分钟读
手机制造商可以节约成本由于GST-customs门户集成
手机制造商可以保存自定义合规成本的进口设备和组件的政府联系两个庞大的数据库,将销售税门户与海关门户网站。
新德里消息:手机制造商可以保存自定义合规成本的进口吗设备和组件通过整合政府联系两个庞大的数据库销售税门户与海关门户网站。
条目的数据上传账单申请8月6日,2020年由经济特区(经济特区)单位”已经完成试行给的感觉功能和相同的从纳税人那里获得反馈,”财政部发布的通知日期为8月27日说。
”工商东亚欢迎联系海关进口汽车上传门户IGST断流对国内消费税改革将减少合规负担和提高缓解做生意的,“印度行业组织细胞和电子协会(ICEA)周四在一份声明中说。
工商东亚代表大多数全球和印度制造商包括小米相对应的人,体内苹果,合同制造商富士康、熔岩、Micromax Karbonn。
印度海关电子网关(ICEGATE),印度海关的国家门户交易商提供电子编档服务,货运航空公司和其他贸易伙伴。
这意味着IGST(州际货物转让税)进口将在GSTR-2A填写,这将反过来帮助工业过程销售税退款或需要自动输入税收抵免。
“这将拯救行业巨大的数据输入手动填充IGST成本支付进口,“ICEA说。
维持这一改革还将推动新投资包括海外投资,潘卡·莫辛德罗说:主席,工商东亚。
身体,早在6月向外交部建议上述条款,确保缓解进口商的交易。
<\/span><\/figcaption><\/figure>New Delhi: Mobile phone makers<\/a> can save custom compliance costs on imports of devices<\/a> and components as the government has linked two mammoth databases by integrating GST<\/a> portal with the customs portal.
The data uploaded for bills of entry filed up to August 6, 2020 by SEZ (special economic zone) units “has been done on a trial basis to give a feel of the functionality and to get feedback from the taxpayers on the same,” a notification issued by the ministry of finance dated August 27 said.
“ICEA<\/a> welcomes linkage of customs portal for auto upload of import IGST for set-off against domestic GST, reform will cut compliance burden and boost ease of doing business,” industry body India Cellular and Electronic Association (ICEA) said in a statement on Thursday.
ICEA represents most global and Indian manufacturers including Xiaomi<\/a>, Vivo, Oppo, Apple<\/a>, contract manufacturer Foxconn<\/a>, Lava, Micromax and Karbonn.
Read also<\/h4><\/a><\/figure>Phone, electronics makers seek exemption from 'faceless assessment' for import\/export shipments<\/a><\/h5><\/div><\/a><\/figure>ICEA lauds UP govt's aid for handset makers<\/a><\/h5><\/div><\/div><\/div>
Indian Customs Electronic Gateway (ICEGATE), the national portal of Indian customs provides e-filing services to the traders, cargo carriers and other trading partners.
This means that the IGST (tax on inter-State transfer of goods) on imports will be auto-populated in GSTR-2A, which will in turn help the industry to process their GST refunds or take input tax credit automatically.
“This will save the industry huge data entry costs of manually filling up the IGST paid on imports,” ICEA said.
Sustaining this reform will also drive new investments including overseas investment, said Pankaj Mohindroo, chairman, ICEA.
The body, back in June had recommended the aforesaid provision to the ministry for ensuring ease of transactions for importers.
<\/body>","next_sibling":[{"msid":78040106,"title":"'Online video content consumption shifting to big screens from mobile devices'","entity_type":"ARTICLE","link":"\/news\/online-video-content-consumption-shifting-to-big-screens-from-mobile-devices\/78040106","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"70273609","title":"How is India serving as a global base of manufacturing for handset makers","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers","category_name":"Slide-Shows","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-69598\/70273609.cms?width=150&height=112","link":"\/slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers\/70273609"}],"msid":78040625,"entity_type":"ARTICLE","title":"Handset makers can save costs due to GST-customs portal integration","synopsis":"Mobile phone makers can save custom compliance costs on imports of devices and components as the government has linked two mammoth databases by integrating GST portal with the customs portal.","titleseo":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":571,"shares":0,"engagementtimems":2415000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2020-09-10 18:50:45","lastupd":"2020-09-10 18:50:45","breadcrumbTags":["Smartphones","Xiaomi","apple","Samsung","Foxconn","Devices","icea","gst","handset makers","mobile phone makers"],"secinfo":{"seolocation":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration"}}" data-news_link="//www.iser-br.com/news/handset-makers-can-save-costs-due-to-gst-customs-portal-integration/78040625">
<\/a><\/figure>ICEA lauds UP govt's aid for handset makers<\/a><\/h5><\/div><\/div><\/div>
Indian Customs Electronic Gateway (ICEGATE), the national portal of Indian customs provides e-filing services to the traders, cargo carriers and other trading partners.
This means that the IGST (tax on inter-State transfer of goods) on imports will be auto-populated in GSTR-2A, which will in turn help the industry to process their GST refunds or take input tax credit automatically.
“This will save the industry huge data entry costs of manually filling up the IGST paid on imports,” ICEA said.
Sustaining this reform will also drive new investments including overseas investment, said Pankaj Mohindroo, chairman, ICEA.
The body, back in June had recommended the aforesaid provision to the ministry for ensuring ease of transactions for importers.
<\/body>","next_sibling":[{"msid":78040106,"title":"'Online video content consumption shifting to big screens from mobile devices'","entity_type":"ARTICLE","link":"\/news\/online-video-content-consumption-shifting-to-big-screens-from-mobile-devices\/78040106","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"70273609","title":"How is India serving as a global base of manufacturing for handset makers","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers","category_name":"Slide-Shows","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-69598\/70273609.cms?width=150&height=112","link":"\/slide-shows\/how-is-india-serving-as-a-global-base-of-manufacturing-for-handset-makers\/70273609"}],"msid":78040625,"entity_type":"ARTICLE","title":"Handset makers can save costs due to GST-customs portal integration","synopsis":"Mobile phone makers can save custom compliance costs on imports of devices and components as the government has linked two mammoth databases by integrating GST portal with the customs portal.","titleseo":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":571,"shares":0,"engagementtimems":2415000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2020-09-10 18:50:45","lastupd":"2020-09-10 18:50:45","breadcrumbTags":["Smartphones","Xiaomi","apple","Samsung","Foxconn","Devices","icea","gst","handset makers","mobile phone makers"],"secinfo":{"seolocation":"telecomnews\/handset-makers-can-save-costs-due-to-gst-customs-portal-integration"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-09-10" data-index="article_1">
- Telecom乐动扑克News
- 1分钟读
手机制造商可以节约成本由于GST-customs门户集成
手机制造商可以保存自定义合规成本的进口设备和组件的政府联系两个庞大的数据库,将销售税门户与海关门户网站。
新德里消息:手机制造商可以保存自定义合规成本的进口吗设备和组件通过整合政府联系两个庞大的数据库销售税门户与海关门户网站。
条目的数据上传账单申请8月6日,2020年由经济特区(经济特区)单位”已经完成试行给的感觉功能和相同的从纳税人那里获得反馈,”财政部发布的通知日期为8月27日说。
”工商东亚欢迎联系海关进口汽车上传门户IGST断流对国内消费税改革将减少合规负担和提高缓解做生意的,“印度行业组织细胞和电子协会(ICEA)周四在一份声明中说。
工商东亚代表大多数全球和印度制造商包括小米相对应的人,体内苹果,合同制造商富士康、熔岩、Micromax Karbonn。
印度海关电子网关(ICEGATE),印度海关的国家门户交易商提供电子编档服务,货运航空公司和其他贸易伙伴。
这意味着IGST(州际货物转让税)进口将在GSTR-2A填写,这将反过来帮助工业过程销售税退款或需要自动输入税收抵免。
“这将拯救行业巨大的数据输入手动填充IGST成本支付进口,“ICEA说。
维持这一改革还将推动新投资包括海外投资,潘卡·莫辛德罗说:主席,工商东亚。
身体,早在6月向外交部建议上述条款,确保缓解进口商的交易。
<\/span><\/figcaption><\/figure>New Delhi: Mobile phone makers<\/a> can save custom compliance costs on imports of devices<\/a> and components as the government has linked two mammoth databases by integrating GST<\/a> portal with the customs portal.
The data uploaded for bills of entry filed up to August 6, 2020 by SEZ (special economic zone) units “has been done on a trial basis to give a feel of the functionality and to get feedback from the taxpayers on the same,” a notification issued by the ministry of finance dated August 27 said.
“ICEA<\/a> welcomes linkage of customs portal for auto upload of import IGST for set-off against domestic GST, reform will cut compliance burden and boost ease of doing business,” industry body India Cellular and Electronic Association (ICEA) said in a statement on Thursday.
ICEA represents most global and Indian manufacturers including Xiaomi<\/a>, Vivo, Oppo, Apple<\/a>, contract manufacturer Foxconn<\/a>, Lava, Micromax and Karbonn.
Read also<\/h4><\/a><\/figure>Phone, electronics makers seek exemption from 'faceless assessment' for import\/export shipments<\/a><\/h5><\/div><\/a><\/figure>ICEA lauds UP govt's aid for handset makers<\/a><\/h5><\/div><\/div><\/div>
Indian Customs Electronic Gateway (ICEGATE), the national portal of Indian customs provides e-filing services to the traders, cargo carriers and other trading partners.
This means that the IGST (tax on inter-State transfer of goods) on imports will be auto-populated in GSTR-2A, which will in turn help the industry to process their GST refunds or take input tax credit automatically.
“This will save the industry huge data entry costs of manually filling up the IGST paid on imports,” ICEA said.
Sustaining this reform will also drive new investments including overseas investment, said Pankaj Mohindroo, chairman, ICEA.
The body, back in June had recommended the aforesaid provision to the ministry for ensuring ease of transactions for importers.
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手机制造商可以节约成本由于GST-customs门户集成
手机制造商可以保存自定义合规成本的进口设备和组件的政府联系两个庞大的数据库,将销售税门户与海关门户网站。
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条目的数据上传账单申请8月6日,2020年由经济特区(经济特区)单位”已经完成试行给的感觉功能和相同的从纳税人那里获得反馈,”财政部发布的通知日期为8月27日说。
”工商东亚欢迎联系海关进口汽车上传门户IGST断流对国内消费税改革将减少合规负担和提高缓解做生意的,“印度行业组织细胞和电子协会(ICEA)周四在一份声明中说。
工商东亚代表大多数全球和印度制造商包括小米相对应的人,体内苹果,合同制造商富士康、熔岩、Micromax Karbonn。
印度海关电子网关(ICEGATE),印度海关的国家门户交易商提供电子编档服务,货运航空公司和其他贸易伙伴。
这意味着IGST(州际货物转让税)进口将在GSTR-2A填写,这将反过来帮助工业过程销售税退款或需要自动输入税收抵免。
“这将拯救行业巨大的数据输入手动填充IGST成本支付进口,“ICEA说。
维持这一改革还将推动新投资包括海外投资,潘卡·莫辛德罗说:主席,工商东亚。
身体,早在6月向外交部建议上述条款,确保缓解进口商的交易。
The data uploaded for bills of entry filed up to August 6, 2020 by SEZ (special economic zone) units “has been done on a trial basis to give a feel of the functionality and to get feedback from the taxpayers on the same,” a notification issued by the ministry of finance dated August 27 said.
“ICEA<\/a> welcomes linkage of customs portal for auto upload of import IGST for set-off against domestic GST, reform will cut compliance burden and boost ease of doing business,” industry body India Cellular and Electronic Association (ICEA) said in a statement on Thursday.
ICEA represents most global and Indian manufacturers including Xiaomi<\/a>, Vivo, Oppo, Apple<\/a>, contract manufacturer Foxconn<\/a>, Lava, Micromax and Karbonn.
Read also<\/h4><\/a><\/figure>Phone, electronics makers seek exemption from 'faceless assessment' for import\/export shipments<\/a><\/h5><\/div><\/a><\/figure>ICEA lauds UP govt's aid for handset makers<\/a><\/h5><\/div><\/div><\/div>
Indian Customs Electronic Gateway (ICEGATE), the national portal of Indian customs provides e-filing services to the traders, cargo carriers and other trading partners.
This means that the IGST (tax on inter-State transfer of goods) on imports will be auto-populated in GSTR-2A, which will in turn help the industry to process their GST refunds or take input tax credit automatically.
“This will save the industry huge data entry costs of manually filling up the IGST paid on imports,” ICEA said.
Sustaining this reform will also drive new investments including overseas investment, said Pankaj Mohindroo, chairman, ICEA.
The body, back in June had recommended the aforesaid provision to the ministry for ensuring ease of transactions for importers.
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<\/a><\/figure>Phone, electronics makers seek exemption from 'faceless assessment' for import\/export shipments<\/a><\/h5><\/div><\/a><\/figure>ICEA lauds UP govt's aid for handset makers<\/a><\/h5><\/div><\/div><\/div>
Indian Customs Electronic Gateway (ICEGATE), the national portal of Indian customs provides e-filing services to the traders, cargo carriers and other trading partners.
This means that the IGST (tax on inter-State transfer of goods) on imports will be auto-populated in GSTR-2A, which will in turn help the industry to process their GST refunds or take input tax credit automatically.
“This will save the industry huge data entry costs of manually filling up the IGST paid on imports,” ICEA said.
Sustaining this reform will also drive new investments including overseas investment, said Pankaj Mohindroo, chairman, ICEA.
The body, back in June had recommended the aforesaid provision to the ministry for ensuring ease of transactions for importers.
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